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Ownership of Insurance Companies

New Regulation Limits Foreign Ownership of Insurance Companies to 80 Percent

The government has issued Government Regulation No. 14/2018 on foreign ownership of insurance companies, setting a maximum foreign ownership of 80 percent. “This...

business

Politicians Mull Foreign Ownership in Indonesia’s Insurance Game

A member of the House of Representatives has called for stricter limitations on foreign ownership of local insurance firms.

Amidst Slowing Economy, Indonesia’s Tourism Sector Prepares to Take on Foreign Investment

Facing an economic slowdown, the Indonesian government is set to revamp laws on foreign ownership in certain sectors, starting with tourism investments. To many...